Rishiroop Ltd : Dec quarter net profit 12.7 million rupees versus profit 9.9 million rupees year ago .Dec quarter total income from operations 125 million rupees versus 78.6 million rupees year ago.
Eastern Treads Ltd : Dec quarter net profit 2.8 million rupees versus profit 11.3 million rupees year ago .Dec quarter net sales 221 million rupees versus 222.6 million rupees year ago.
Michelin statement says: Raising the price of its tires in the European replacement market by as much as 8 percent for the Passenger Car & Light Truck, Truck, Earthmover, Agricultural and Two-Wheel segments . Hike will will take effect by the end of first quarter. .Says raising its tire prices in order to pass on the increase in raw material costs..
Hengli Petrochemical Co Ltd <600346.SS>:Says it to invest 50 million yuan to set up a wholly owned chemical unit in Dalian.
Longxing Chemical Stock Co., Ltd.<002442.SZ>: Says it will sell 55 percent stake in He'nan-based environmental tech firm for 31.9 million yuan .Says it will set up environmental protection technology unit in Beijing, with registered capital of 50 million yuan.
Nokian Tyres :Shares rise 3.7 percent by 0805 GMT after Q3 results.
Goodyear Tire & Rubber Co : Goodyear reports third quarter results for 2016, revises 2016 outlook . Q3 adjusted earnings per share $1.17 . Q3 earnings per share $1.19 . Q3 sales $3.8 billion versus I/B/E/S view $3.97 billion . Q3 earnings per share view $1.18 -- Thomson Reuters I/B/E/S . Company confirms 2020 targets and capital allocation plan . Goodyear tire & rubber co sees full-year 2016 total segment operating income to be between $2 billion and $2.025 billion . Goodyear tire & rubber co qtrly tire unit volumes totaled 42 million, flat with 2015 after adjusting for deconsolidation of Venezuela at end of 2015 . Goodyear says dissolution of global alliance with Sumitomo Rubber Industries negatively impacted volumes by 0.1 million units and sales by $11 million in Q3 . Goodyear says deconsolidation of Venezuela negatively impacted volumes by 0.4 million units, sales by $155 million and segment operating income by $39 million in quarter .Co says "our revised 2016 outlook reflects recent volatility impacting our u.s. Commercial truck tire business".
Gui Zhou Tyre <000589.SZ>: Sees net profit for 2016 Q1 to Q3 to be 6.5 million yuan to 9.6 million yuan .Says the net profit of 2015 Q1 to Q3 was 80.5 million yuan.
SIPH SA : H1 net loss group share 6.1 million euros versus restated loss of 2.0 million year ago .H1 current operating loss 5.1 million euros versus reported loss of 0.2 million year ago.
Sri Trang Agro Industry Pcl : On oct 12, a fire broke out at a block rubber factory in Pontianak, Indonesia owned by PT Star Rubber . The fire is under control and the Co is investigating the cause and damages of the fire .This incident to have no impact to customers as well as marketing activities.